PSERS Benefit Multiplier Increase
Effective 7/1/2021

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The benefit rate for members of the Public School Employees Retirement System (PSERS) has been raised for PSERS members, retirees, and beneficiaries with retirements on or after 8/1/2012, from $15.50 to $15.75 per month per year of service.  This increase is effective 7/1/2021 and will be reflected in the July 2021 pension payment.